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ETH 1CO address transferred nearly 120 million USD worth of ETH to a new wallet after 10 years

Nov 30, 2025 08:27:49

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According to Lookonchain monitoring, an Ethereum ICO address (0x2dCA) that had been dormant for over 10 years suddenly became active, first transferring 5 ETH (approximately $15,000) to a new address for testing, and then transferring the remaining 39,995 ETH (approximately $119.4 million) to a new wallet (0x2602). This address originally purchased 40,000 ETH for about $12,400 during the ICO phase, resulting in a cumulative profit of approximately 9,639 times based on current prices.

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